Risk Management Professional
13 hours ago
RAC WA is one of Western Australia's most iconic and trusted brands, with over 1.3 million members.
We are a purpose-led member organisation striving to create greater value for our members and deliver on our purpose to be the driving force for a better WA.
The RoleThis Risk Management Professional - Compliance Expert position is a key role in enhancing RAC Insurance's risk management and compliance practices.
As a specialist in this field, you will provide advice and guidance to identify and mitigate risks, assess incidents, conduct control testing, and monitor key risk indicators.
This role involves:
- Triage reported incidents to assess compliance and operational impacts.
- Investigate incidents thoroughly, ensuring all relevant scenarios are identified.
- Capture investigation data in the risk management system and recommend improvements.
- Escalate material or systemic incidents and manage resolution through issue management.
- Conduct control testing and document outcomes, providing feedback to control owners.
- Monitor and update key risk indicators.
- Educate stakeholders on risk management practices to foster a strong risk culture.
- Continuously enhance personal and team knowledge of risk and compliance.
About You
We are looking for an experienced professional with a strong background in risk management and compliance within a regulated environment.
You should have:
- Experience in risk or compliance management within a regulated environment.
- Familiarity with APRA standards, the General Insurance Code of Practice, and ASIC regulatory guides, including breach reporting.
- Strong analytical skills for root cause analysis and practical problem-solving.
- Ability to relate incident management to member impact, keeping their needs central.
- Excellent communication and relationship-building skills with internal stakeholders.
- Attention to detail, strong organisational skills, and the ability to manage competing deadlines.
- A proactive approach to learning and sharing knowledge.
- Qualifications in insurance, financial services, risk management, or a related field (desirable).
What We Offer
RAC WA offers a range of benefits, including:
- A workplace culture where our people feel valued, respected and empowered.
- Work in flexible ways that meet work/life commitments and support wellbeing.
- Be part of a purpose-led organisation that gives back to the WA community.
- An environment that values ongoing career development.
- Free Roadside Assistance and discounts on RAC products and services including Insurance, Holiday Parks and Resorts, Security, Finance and Auto Services.
- Opportunities for community engagement and corporate volunteering.
About Our Culture
At RAC WA, we value our employees' contributions and offer a collaborative and supportive work environment.
Join us in making a positive impact on the future of insurance in Australia.
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